FAQs

The Willow Bend health care center has contracts with Medicare and Medicaid, along with other private insurance providers, to offer a wide range of payment options. Assisted living and memory support are a private pay arrangement, but are licensed for long-term care insurance plans. The Legacy at Home, our licensed home health care agency, accepts Medicare as well as other private pay insurance providers and private pay.

Yes. The Legacy Willow Bend is pet friendly.

Under direction of the executive director, a management team is responsible for the day-to-day operations and overall functioning of The Legacy Willow Bend. The Legacy Senior Communities leadership team works with the executive director and is focused on strategic planning, marketing, overall management, quality of care and service, IT, and fundraising activities. Additionally, the board of directors has the primary responsibility for approving the budget and maintaining financial health, as well as monitoring quality care and services. The board is focused on enhancing the strength of the entire organization, ensuring fulfillment of its mission and tax-exempt purpose, and recognizing its full potential for providing services to seniors.

In addition to independent living neighborhoods, The Legacy Willow Bend offers the following health care service neighborhoods: assisted living, memory support, and skilled nursing and rehab. Additionally, The Legacy at Home offers personal assistance services, home health care, and hospice that can be utilized in any independent living residence.

If you ever require services in our health care areas, you will always have preference over non-resident applicants for available openings. This is an important aspect of life at a Legacy community. Residents and their family members have peace of mind knowing that if future health care services are ever needed, they are available right on campus.

The amount of your monthly fee is based on the residence you choose. Monthly fees include: a generous meal plan, interior and exterior maintenance of the residence, all utilities (including WiFi), 24-hour emergency call systems, concierge services, transportation, weekly housekeeping, and a robust social calendar, as well as access to all community amenities, underground parking, additional storage spaces, common areas, and priority access to all levels of health care services.

The Legacy Willow Bend is a Type A Life Care retirement community, which means a significant tax deduction that changes from year to year. The Internal Revenue Service has generally held that a portion of your entrance fee and your monthly service fees can be considered for a medical tax deduction when paid in connection with obtaining lifetime care. The deductibility of these expenses is provided for in Section 213 of the Internal Revenue Code. Taxpayers are entitled to the medical expense deduction in the tax year in which either the entrance fee or the monthly service fees are paid, subject to limitations. Many residents find that this deduction—especially when added to deductions for prescription medicines and charitable contributions—allows them to itemize their taxes for the first time in many years. To determine which deductions may apply to you, it is best to talk with a tax adviser.

Yes. At The Legacy Willow Bend, you can choose from two different entrance fee plans. One plan refunds 90% of the entrance fee according to the terms and conditions of your residency agreement. Residents who choose the 90% refundable plan can count their refund as their asset, and even draw down on that refund if they fall upon financial hardships. Another option is a non-refundable plan that amortizes monthly until a 0% refund is due.

Life Care refers to the type of residential agreement offered at our community. The Life Care residency agreement promises that independent living residents will have predictably low, locked-in rates on future health care offered on campus. So, whether a resident moves to assisted living, memory support, or skilled nursing care, they will pay the Life Care rate, which can be up to half off posted rates for those areas. With this kind of financial protection, Willow Bend independent living residents and their family members have peace of mind, knowing that their future health care expenses will have no sharp increases. A Life Care plan means having a secure plan for the future, and The Legacy Willow Bend is the only retirement community in Plano offering this approach to retirement planning.

Many long-term care insurance policies work together with Life Care and pay earned benefits directly back to the holder. Typically, this coverage extends to assisted living, skilled care, and memory support. Because the cost of long-term care at The Legacy Willow Bend is already low due to Life Care, many residents with long-term care insurance end up paying nothing out of pocket when they move to a long-term care neighborhood. Every policy is different, however, so it is a good idea to check with your policyholder about how your policy would benefit you at The Legacy Willow Bend.

Living at a Life Care community can provide considerable tax benefits that exceed those of owning a home. A portion of both the entry fee and ongoing monthly fees that are paid while living at a Life Care community may be deducted as prepaid medical expenses. Consult your personal tax advisor to discuss your specific tax situation.